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robot_no_419
searching PlanetScale…
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31.
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by
robot_no_419
5y ago
You can build games that verify your NFT and allow you to use the art/resource in game. Well, until Steam deplatforms you I guess.
32.
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robot_no_419
5y ago
The solution is layer 2 protocols like Loopring and Polygon that will sit on top of the Ethereum stack and offer much faster/cheaper ways to interact with the Blockchain.
33.
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robot_no_419
5y ago
In the United States, paying with credit cards often rewards you with 1%-5% of the value you spent, among other things. It adds up to a lot over time, so everyone in the US should always being using credit cards whenever possible to secure
34.
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robot_no_419
5y ago
That's like imagining a world where governments hold billionaires and CEOs accountable for their greed and crime and their tax evasion. In other words, a pipe dream.
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robot_no_419
5y ago
There's not going to be a plea deal. This is a national security issue, he is going to be convicted for the maximum penalty prosecutors can secure, regardless of how long it takes.
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robot_no_419
5y ago
Unless I'm misunderstanding, they are wrapping their asserts in try/catch blocks? That's... yikes.
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robot_no_419
5y ago
I don't have the math at hand but I'm pretty sure at the rate the blockchain is growing and the rate that disk space cost is decreasing, this should not be an issue for quite a few years. I do agree that it will eventually be a pr
38.
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robot_no_419
5y ago
I've got friends in many different continents because I have worked for several international companies in my career. Sorry that you can't wrap your head around the idea of someone needing to transfer money internationally, but th
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robot_no_419
5y ago
Paying parents for medical bills/car payments, Buying my brother's old computers and other electronics, Building websites for my friend in Argentina and accepting crypto as payments, Splitting airbnbs with groups of friends, plent
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robot_no_419
5y ago
My question is a lot more general than just sending money to El Salvador, you are right. But if your reply does not satisfy the specific problem constraints of sending money to El Salvador, then it can't be a solution to my more genera
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robot_no_419
5y ago
> assuming you don't actually specifically care about El Salvador ...what was the point of providing this answer then when the question was specifically about El Salvador...
42.
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robot_no_419
5y ago
I'm really only interested in talking about crypto, but that's because I'm really 100% about that life. I am for sure biased on this subject, but everything I've said is the truth. There is literally zero incentive for m
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robot_no_419
5y ago
But if he was making money on average (which he said he did), then bayesian logic would imply that the average outcome would be to make money. So it's not luck, it's the average outcome. The "unlucky" and unusual event i
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robot_no_419
5y ago
Why would you think Im making stuff up? I've been on the crypto train for a while now, I'm trying to eventually go only crypto one day but it's pretty hard. When you need to help your poor parents pay for medical appointments
45.
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robot_no_419
5y ago
This is a dumb and pedantic reply
46.
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robot_no_419
5y ago
So basically your solution is to give everyone in El Salvador a bank account and for the government to subsidize their remittance fees. Because if you're using banks, someone is paying fees. Someone from the US still has pay a fee to w
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robot_no_419
5y ago
Because Tether and USDT are censorable by their parent companies (ie, these tokens can be blacklisted by the Ethereum Virtual Machine), and they are also tied to the monetary policy of the United States. It definitely makes sense for them t
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robot_no_419
5y ago
How do you send money from the US to El Salvador without Bitcoin or WU? That's the whole point of remittance; I'm not sure how a network of ATMs local to El Salvador will help people send money internationally to the country.
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robot_no_419
5y ago
I've used Bitcoin for many real world debt settlements and payments as well. This has never been a concern for me or anyone of my counter-parties. In fact, some of them even started asking me to only pay them back in Bitcoin because it
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robot_no_419
5y ago
You completely ignored the the part where OP said they often made money in REAL LIFE and injected your own hypothetical of how they could lose money if they chose to buy, send, and sell their assets at a very specific worst case scenario po
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robot_no_419
5y ago
Mathematics doesn't really "exist" in the first place. It's more of a language that's rich enough and with enough logic to describe/approximate the laws of physics that actually do exist.
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robot_no_419
5y ago
I have a single app that can 1) host hundreds of different coins, and 2) convert them on a built in exchange. So this has been a complete non-issue for me. If there's a single app that lets me use Venmo and Paypal and Cashapp all at th
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robot_no_419
5y ago
People who are still comparing equity (a legal contract representing ownership in a centralized US company) to cryptocurrency (a novel class of commodities that has no central authority or legal structure) are comparing apples to gold bars.
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robot_no_419
5y ago
Personal anecdotes about this: Everyone I talk to who has actually used cryptocurrency all think it's easier to use than conventional finance. Venmo and Circle have cash limits (which caused a problem when I was helping someone buy a c
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robot_no_419
5y ago
Sure, and what? My point was that left on its own, cryptocurrency is clearly on a trajectory to a permanent place in the financial system. Idk if it's good or bad, but it's happening unless global regulators all coordinate to impo
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robot_no_419
5y ago
I don't have to answer this question for cryptocurrency to be successful. If you don't understand (or don't want to), that's your financial prerogative. YoY metrics such as total number of users, total number of on chain
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robot_no_419
5y ago
You gotta love the HN crowd who finds a way to remain skeptical after cryptocurrency continues to occupy more and more ground in the financial world. Cryptocurrency continues to expand and grow by every conceivable metric and some people st
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robot_no_419
5y ago
I'm confident that Iran could and would completely flatten Iraq if it came to that. They are not comparable in terms of military strength.
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robot_no_419
5y ago
Absolutely, 100%. I agree with everything you said and I rue the day that Monero actually does become mainstream because it will cause many problems for the people just using it as an already functioning currency.
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robot_no_419
5y ago
People like you are better called "forced acquaintance" than "friend". Like, I'll be on good terms with you if I'm forced to be in your social circle, but you'd be out of my life the moment I don't ha
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